Stocks Break Losing Streak Stocks gained after investors took heart from stronger U.S. economic data, snapping a three-day losing streak, but finished off session highs after another warning about Europe’s sovereign-debt crisis.
Archive for December 15th, 2011
Regional stocks: Willamette Vineyards climbs
Shares of Adobe Systems gain ground after the company bests Wall Street’s expectations for its latest quarterly profit.
Investors shifted their attention from Europe to the U.S. on Thursday, pushing stocks slightly higher on good jobs and manufacturing reports. The Dow Jones industrial average rose 45 points, having lost 360 points over the past three days on worries that Europe’s latest plan to keep its currency union intact would fail.
U.S. Stocks Rise U.S. stocks gained after investors took heart from stronger U.S. economic data, but were off session highs after the head of the International Monetary Fund stoked fears that Europe’s sovereign-debt crisis is worsening.
U.S. stocks rise Thursday, as initial jobless claims fall to a 3-year low.
Strong earnings from FedEx and a sharp drop in claims for unemployment benefits pushed stocks mostly higher in midday trading Thursday.
Stocks rise as investors weigh positive U.S. economic data against concerns over the eurozone debt crisis.
Stocks Rally; Accenture Up 1% Before Earnings